CoreWeave and Palantir Get Meme Stock Comparisons as Shares Soar

The surging shares of CoreWeave Inc. and Palantir Technologies Inc. are drawing comparisons to meme stocks — whose rapid gains are fueled by retail trader fervor more than financial performance.
CoreWeave has quadrupled since its heavily downsized initial public offering in March. Palantir is up more than 470% over the past year. Investors may hope that the shares will perform like Nvidia Corp., whose stock soared at the start of the artificial intelligence era. The risk is that they act more like retailer GameStop Corp. — now 66% below a 2021 peak.

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Patreon will increase the cut it takes from new creators

Patreon, a creator monetization platform that offers membership programs and digital goods, announced on Monday that it is changing its pricing structure. Currently, Patreon takes an 8% cut or a 12% cut from creators, depending on their selected tier — though the 8% plan is far more popular. The new pricing plan instead offers one universal tier, which keeps 10% of creator earnings. Existing Patreon creators need not worry — this price increase will only affect creators who publish a new Patreon page on August 4, 2025. 'Since we last updated our prices six years ago, Patreon has expanded beyond just payments to include media hosting, community, and discovery,' the company wrote in a blog post. Price increases are never particularly popular announcements to make, but Patreon has a point — it has added a slew of new features over the last several years. These include native video hosting, livestreaming, free memberships, digital goods sales, and gift subscriptions. Still, if you've ever considered setting up a Patreon account…you may want to get on that in the next few weeks and lock in that 8% rate. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW